Funding arb · Price arb /

LTC

all LTC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0323%/8h= −35.3% APRpaid last 24h −0.130%

Price spread now: Variational Omni against Reya+0.402%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Variational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.402% dearer against Reya than usual: you sell high and buy low (spread +0.402% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya LTCRUSDPERP	60.679	0.0336	pay 0.0042% / 1h	7m 33s	$8K	—	25x
Short	Variational Omni LTC	60.923	0.0013	get 0.0013% / 8h	5h 07m	$3.6M	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee Variational OmnibpOrdersPrice spread, now +0.402%Rate

Funding earned: −$67.79
Price spread: +0.402% → 0.000%: $40.16
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$33.63
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Reya no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 2 min ago	3.53 bp	doesn't fit	11.0 bp −$110	doesn't fit	doesn't fit

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LTC on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX LTC/USD [ETH-USDC]	L −0.0286% / S +0.0409%	1h	60.800	+0.198%	$111K	—	200x	as long as short
Polymarket Perps LTC-USD	−0.0156%	1h	60.645	−0.057%	$80K	$390K	10x	as long as short
Kalshi KXLTCPERP	0.0000%	8h	60.831	+0.250%	$317K	$4.3M	4x	as long as short
Deribit LTC_USDC-PERPETUAL	0.0000%	1h	60.833	+0.253%	$690K	$1.1M	50x	as long as short
gTrade (Gains Network) LTC/USD	L +0.0002% / S −0.0003%	1h	60.814	+0.222%	$30K	—	150x	as long as short
Variational Omni LTCshort	+0.0013%	8h	60.923	+0.402%	$3.6M	$2.6M	—
Injective LTC/USDC PERP	+0.0033%	1h	58.730	−3.213%	$5K	$22K	12x	as long as short
Lighter LTC	+0.0096%	1h	60.800	+0.199%	$1.3M	$1.2M	10x	as long as short
Orderly PERP_LTC_USDC	+0.0099%	8h	60.800	+0.199%	$13K	$204K	20x	as long as short
Paradex LTC-USD-PERP	+0.0100%	8h	60.748	+0.114%	$14K	$10K	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LTC-PERP	+0.0100%	1h	60.685	+0.009%	$264K	$326K	10x	as long as short
Hyperliquid LTC	+0.0100%	1h	60.808	+0.212%	$37.0M	$24.6M	10x	as long as short
Aster LTCUSDT	+0.0100%	8h	60.781	+0.167%	$2.6M	$2.5M	75x	as long as short
Pacifica LTC	+0.0100%	1h	60.750	+0.116%	$531K	$83K	10x	as long as short
Binance LTCUSDT	+0.0100%	8h	60.690	+0.017%	$90.9M	$225.7M	75x	as long as short
Bybit LTCUSDT	+0.0100%	8h	60.680	+0.001%	$77.1M	$58.8M	75x	as long as short
OKX LTC-USDT-SWAP	+0.0100%	8h	60.680	+0.001%	$26.9M	$74.0M	50x	as long as short
Gate LTC_USDT	+0.0100%	8h	60.740	+0.100%	$12.6M	$21.4M	75x	as long as short
MEXC LTC_USDT	+0.0100%	8h	60.730	+0.083%	$57.6M	$35.0M	200x	as long as short
KuCoin LTCUSDTM	+0.0100%	8h	60.760	+0.133%	$18.3M	$12.8M	75x	as long as short
Bitget LTCUSDT	+0.0100%	8h	60.700	+0.034%	$32.5M	$22.3M	75x	as long as short
BingX LTC-USDC	+0.0100%	8h	60.730	+0.083%	—	$6.5M	—	as long as short
Backpack LTC_USDC_PERP	+0.0100%	1h	60.765	+0.141%	$153K	$275K	10x	as long as short
edgeX LTCUSDC	+0.0100%	4h	60.864	+0.305%	$41K	$374K	20x	as long as short
GRVT LTC_USDT_Perp	+0.0100%	8h	60.840	+0.265%	$344K	$1.9M	10x	as long as short
ApeX Omni LTCUSDT	+0.0100%	1h	60.880	+0.331%	$102K	$715K	50x	as long as short
SunX LTC-USDT	+0.0100%	8h	60.880	+0.331%	$17K	$3.9M	30x	as long as short
SoDEX LTC-USD	+0.0100%	1h	60.800	+0.199%	$163	$5K	10x	as long as short
HTX LTC-USDT	+0.0100%	8h	60.770	+0.149%	$1.9M	$4.8M	75x	as long as short
Phemex LTCUSDT	+0.0100%	8h	60.820	+0.232%	$21.6M	$8.8M	50x	as long as short
Extended LTC-USD	+0.0104%	1h	60.698	+0.031%	$675K	$1.1M	25x	as long as short
Aevo LTC-PERP	+0.0104%	1h	60.800	+0.199%	$464K	—	3x	as long as short
BloFin LTC-USDT	+0.0220%	8h	60.830	+0.248%	$4.7M	$12.2M	50x	as long as short
dYdX LTC-USD	+0.0267%	1h	60.768	+0.146%	$427K	$8K	10x	as long as short
Reya LTCRUSDPERPlong	+0.0336%	1h	60.679	long leg	$8K	—	25x
Kraken Futures PF_LTCUSD	+0.0350%	1h	60.824	+0.238%	$6.7M	$6.1M	50x	as long as short
Coinbase International LTC-PERP-INTX	+0.0832%	1h	61.120	+0.726%	$1.1M	$2.3M	50x	as long as short